Business, general

Super's dark side

Article Abstract:

Australia is discussed with emphasis on the flaws within its superannuation schemes and system. The system is one of the most complex globally and has other problematic areas including being confusing and heavily taxed.

Economists state that the boom in residential property in Australia would not end in a bust, but may go down gently, depending on future trends. The strong Australian dollar ensures that inflation is well within the Reserve Bank's target range, thus easing pressure on interest rates, plus low unemployment protects property owners from selling their homes.

Commodity & service prices, Research and Development in the Social Sciences and Humanities, Economists, Prices and rates, Reports, Inflation (Finance), Company pricing policy, Inflation (Economics), Residential real estate

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Superannuation industrials: super hybrid

Article Abstract:

The details of a tax benefits flowing from combining salary-sacrificed super contributions with a pre-retirement pension strategy, are presented. This strategy is beneficial for receiving a pre-retirement superannuation pension while simultaneously increasing salary-sacrificed super contributions.